A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.
The study focused on how areas with high solar and wind capacity (such as deserts) can be linked ...
Category: Hong Kong
China Establishes Global Mediation Body in Hong Kong
China signed a convention on Friday establishing a global mediation body in Hong Kong, which aims to be comparable to organizations such as the International Court of Justice (ICJ). Beijing has taken a more proactive approach in international affairs in recent ...
Panama Canal Port Operator Calls Audit Claims ‘Contrary to Reality’
The Hong Kong firm in charge of two key Panama Canal ports rejected on Wednesday an audit that said it had failed to pay the $1.2 billion due under its concession. Panama Ports Company (PPC), a subsidiary of Hong Kong conglomerate ...
Beijing Resumes Criticism of CK Hutchison Over Panama Ports Deal
Beijing authorities kept up their pressure on CK Hutchison on Wednesday, resuming criticism of the Hong Kong conglomerate's sale of its Panama Canal ports. The business empire built by Hong Kong billionaire Li Ka-shing offloaded its global ports business outside China this ...
Hong Kong Leader Says Concerns Over Panama Ports Deal Warrant ‘Attention’
Hong Kong leader John Lee on Tuesday said criticism of city conglomerate CK Hutchison's sale of its Panama Canal ports deserved "serious attention", after Beijing authorities repeatedly slammed the deal. The business empire of Hong Kong's richest man, Li Ka-shing, sold ...
Hong Kong’s Hutchison Under Fire Again for Panama Ports Deal
Hong Kong conglomerate CK Hutchison is under renewed pressure from Beijing after selling its Panama Canal ports, with Chinese authorities publishing newspaper criticism of the deal for the second time in three days. Last week, the business empire of Hong Kong's ...
Analysis from Cobus van Staden
CK Hutchison Stocks Dive After Chinese Criticisms of Ports Deal
Stocks in Hong Kong conglomerate CK Hutchison tumbled Friday after Chinese officials overseeing the city reposted a newspaper opinion piece blasting the sale of its lucrative Panama Canal ports following pressure from Donald Trump. The president has complained that China controls ...
China Battery Giant CATL Starts Hong Kong Listing Process
Chinese battery giant CATL started the application process on Tuesday to be listed in Hong Kong and named seven banks as overall coordinators, according to stock exchange filings. CATL, which produces more than a third of the EV batteries sold worldwide, ...
CK Hutchison: The Hong Kong Firm Behind Panama Port Operators
By Holmes Chan A sprawling business empire built by Hong Kong billionaire Li Ka-shing is caught in the crossfire as the extent of Chinese influence over the Panama Canal is debated. U.S. Secretary of State ...
One Week Later, Burundi Shows the Statement That It Published in Support of China’s Controversial New Election Law in Hong Kong
Burundi's official press agency published a flurry of tweets today in both English and French that provide new details on a statement that the government released one week ago in support of China's controversial new election law in Hong Kong.
Why Would Burundi Endorse China’s Controversial New Election Law in Hong Kong?
The small landlocked East African country of Burundi reportedly felt so strongly about China's controversial new election law for Hong Kong that it published an enthusiastic endorsement of the legislation and praised Beijing's "wisdom to ensure the long-term prosperity and stability of Hong ...
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Zambian President Edgar Lungu might have been surprised to hear that the big takeaway from his call on Monday with Xi Jinping wasn't debt relief or anything to do with COVID-19. In the unlikely event that he opened a copy of the China Daily newspaper on Tuesday ...
The UN Human Rights Council Statement on Hong Kong Highlights Why African Countries Are Becoming Increasingly Important to China
Africa's growing political importance to China was on full display at the United Nations Human Rights Council (UNHRC) last week in Geneva where nearly half of the signatories of a statement supporting China's controversial national security law in Hong Kong were from African states. ...